Sign In
The CEO Views Small logos
  • Home
  • Technology
    Artificial Intelligence
    Big Data
    Block Chain
    BYOD
    Cloud
    Cyber Security
    Data Center
    Digital Transformation
    Enterprise Mobility
    Enterprise Software
    IOT
    IT Services
    Innovation
  • Platforms
    How IBM Maximo Is Revolutionizing Asset Management
    How IBM Maximo Is Revolutionizing Asset Management
    IBM
    7 Min Read
    Optimizing Resources: Oracle DBA Support Services for Efficient Database Management
    Oracle
    Oracle
    9 Min Read
    The New Google Algorithm Update for 2021
    google algorithm update 2021
    Google
    5 Min Read
    Oracle Cloud Platform Now Validated for India Stack
    Service Partner Horizontal
    Oracle
    3 Min Read
    Oracle and AT&T Enter into Strategic Agreement
    oracle
    Oracle
    3 Min Read
    Check out more:
    • Google
    • HP
    • IBM
    • Oracle
  • Industry
    Banking & Insurance
    Biotech
    Construction
    Education
    Financial Services
    Healthcare
    Manufacturing
    Mining
    Public Sector
    Retail
    Telecom
    Utilities
    Gaming
    Legal
  • Functions
    RISMA Systems: A Comprehensive Approach to Governance, Risk and Compliance
    Risma Systems
    ENTREPRENEUR VIEWSGDPR
    9 Min Read
    Happiest Minds: A “Privacy by Design” approach is key to creating GDPR compliant businesses
    Happiest Minds 1
    GDPR
    8 Min Read
    Gemserv: GDPR 2020 and Beyond
    Gemserv 1
    GDPR
    9 Min Read
    ECCENCA:GDPR IS STILL AN UNTAMED ANIMAL
    eccenca 1
    GDPR
    6 Min Read
    Boldon James: HOW ENTERPRISES CAN MITIGATE THE GROWING THREATS OF DATA
    Boldon James 1
    GDPR
    8 Min Read
    Check out more:
    • GDPR
  • Magazines
  • Entrepreneurs Views
  • Editor’s Bucket
  • Press Release
  • Micro Blog
  • Events
Reading: An Executive Architect’s Approach to FinOps: How AI and Automation Streamline Data Management
Share
The CEO Views
Aa
  • Home
  • Magazines
  • Enterpreneurs Views
  • Editor’s Bucket
  • Press Release
  • Micro Blog
Search
  • World’s Best Magazines
  • Technology
    • Artificial Intelligence
    • Big Data
    • Block Chain
    • BYOD
    • Cloud
    • Cyber Security
    • Data Center
    • Digital Transformation
    • Enterprise Mobility
    • Enterprise Software
    • IOT
    • IT Services
  • Platforms
    • Google
    • HP
    • IBM
    • Oracle
  • Industry
    • Banking & Insurance
    • Biotech
    • Construction
    • Education
    • Financial Services
    • Healthcare
    • Manufacturing
    • Mining
    • Public Sector
    • Retail
    • Telecom
    • Utilities
  • Functions
    • GDPR
  • Magazines
  • Editor’s Bucket
  • Press Release
  • Micro Blog
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
The CEO Views > Blog > Micro Blog > An Executive Architect’s Approach to FinOps: How AI and Automation Streamline Data Management
Micro Blog

An Executive Architect’s Approach to FinOps: How AI and Automation Streamline Data Management

The CEO Views
Last updated: 2024/11/15 at 7:35 AM
The CEO Views
Share
An Executive Architects Approach to FinOps How AI and Automation Streamline Data Management
An Executive Architects Approach to FinOps How AI and Automation Streamline Data Management

An executive architect can harness AI and automation as a decision-maker to optimize FinOps’ best practices. Executive Architects’ approach to FinOps includes various factors, such as apprehending cloud usage and cost, optimizing, operationalizing, automating, managing cloud expenses, and more. With this article, learn how an executive architect can utilize AI and automation to streamline data management through FinOps.

FinOps Practice

FinOps is a management practice that assists organizations in optimizing their cloud computing infrastructure and expenses. The term FinOps combines ‘finance’ and ‘DevOps’.’ DevOps is the methodology that amalgamates people, processes, and technology to improve IT operations. The purpose of FinOps is to maximize business value by using the cloud and not just by saving money. This high-performing operational framework is designed to enable data-driven decision-making and create financial accountability. 

FinOps is more than just a framework; it’s a cultural practice that helps teams manage their cloud costs through a central best practices group. Emphasizing communications and collaboration between business and engineering teams, this framework offers more financial control and predictability. FinOps was created to bring cultural change to the spending model of the cloud and to make trade-offs between cost, speed, and quality in cloud infrastructures.

An Executive’s Approach to FinOps

Organizations looking for efficiency, smart decision-making, and accuracy can adopt FinOps to stay ahead of the market competition. By integrating artificial intelligence and automation into FinOps, executives can reduce operational expenses, automate tasks, and ensure accuracy in data. These altogether take data management to a new height. Below are a few approaches that executives can consider while utilizing FinOps to see how AI and automation streamline data management. 

  1. Apprehending Cloud Usage and Cost

Recall FinOps as a strategic tool that helps teams manage cloud costs effectively. A Business executive can improve their cloud ownership through this centralized platform of FinOps. This framework enables cross-functional teams to empower each other, ensuring more financial predictability and control.

  1. Optimizing

With FinOps, executives are allowed to rightsize their resources, choose cost-friendly services, and negotiate with cloud providers. The “Crawl, Walk, and Run” approach of FinOps is designed to beat the challenges related to cloud data management in an organization. In order to help a firm achieve its desired goals through cloud rate and usage optimization.

  1. Managing Anomalies

Anomalies in cloud platforms involve identifying, specifying, and managing unexpected cloud cost events. Business executives must consider the perfect tools having AI, automation, and alerts to manage these anomalies with FinOps.   

  1. Automation and Workload Management

Automation and workload management are focused on creating mechanisms that automatically fit to running computing resources. In such a case, the role of the business executive is to allow FinOps teams to adjust to the changing demands of workload and also optimize cloud usage through dynamism.

These approaches highlight the way AI and automation streamline data management, allowing trusted and accurate data to drive the organizational FinOps lifecycle. 

How AI and Automation Streamline Data Management?

It is important to note for business executives that their organization cannot optimize the FinOps phases if they do not have accurate data in place. Organizations seeking operational efficiency to lower cloud costs can opt for AI-powered solutions to foster sustainable data management. Through advanced algorithms and machine learning, AI systems handle vast amounts of data to identify anomalies, patterns, and other factors to make sure data are accurate.

On the other hand, automation can be used to enhance data quality. Poor data quality and AI bias can increase burdens of forecasting, cost allocation, and anomaly managing capabilities. However, by using automation, the efficiency and accuracy of FinOps capabilities dependence on accurate organizational data can be improved.

AI can also be utilized to classify data through ML-augmented data catalogs, which in turn can streamline and automate data processes. Firms also need an AI-driven cloud data management stack that can actively yield metadata.

Considering all these practices, A business executive can approach FinOps to ensure their organizational data are being managed effectively. Relying highly on AI and automation, firms can ensure data accuracy, process optimization, cost-effectiveness of cloud, and operational efficiency.

The CEO Views November 15, 2024
Share this Article
Facebook Twitter LinkedIn Email Copy Link
Previous Article Understanding Spiritual Signs and Meanings to Boost Your Entrepreneurial Intuition Understanding Spiritual Signs and Meanings to Boost Your Entrepreneurial Intuition
Next Article Top 5 Retail Media Networks of 2024 Top 5 Retail Media Networks of 2024
How Austin Lawyers Can Help Secure Future Care for Spinal Cord Injury Patients

How Austin Lawyers Can Help Secure Future Care for Spinal Cord Injury Patients

December 5, 2024
Vertical Field
Magazine

Vertical Field: Using Technology To Integrate Nature In The City

The CEO Views By The CEO Views March 11, 2020
AI Virtual Assistants for 2021
Artificial Intelligence

AI Virtual Assistants for 2021

The CEO Views By The CEO Views March 7, 2024
5 Communication Tips for Todays Entrepreneur
Micro Blog

5 Communication Tips for Today’s Entrepreneur

The CEO Views By The CEO Views February 13, 2024
SEABANK
ENTREPRENEUR VIEWS

SEABANK: Bringing Modern Banking System To Vietnam

The CEO Views By The CEO Views February 26, 2024

Why Legal Missteps Are Still the Top Threat to CEO Success (and How to Avoid Them)

June 20, 2025

How the Health Supplement Industry Targets Business Professionals for Peak Performance

June 20, 2025

What CEOs Need to Know About Modernizing IT Through Service Management

June 20, 2025

If You Suspect Nursing Home Abuse, Don’t Stay Silent

June 20, 2025

You Might Also Like

How Can You Tell If an Offer for Mineral Rights Is Fair
Micro Blog

How Can You Tell If an Offer for Mineral Rights Is Fair?

7 Min Read
The Future of Business Innovation
Micro Blog

The Future of Business Innovation: Embracing Technology and Strategic Growth

5 Min Read
The Unseen Edge How Sports Cultivate Leadership and Resilience in the Business World
Micro Blog

The Unseen Edge: How Sports Cultivate Leadership and Resilience in the Business World

5 Min Read
Expanding Payroll Teams Across Canada Key Hiring Considerations
Micro Blog

Expanding Payroll Teams Across Canada: Key Hiring Considerations

6 Min Read
Small logos Small logos

© 2025 All rights reserved. The CEO Views

  • About Us
  • Privacy Policy
  • Advertise with us
  • Reprints and Permissions
  • Business Magazines
  • Contact
Reading: An Executive Architect’s Approach to FinOps: How AI and Automation Streamline Data Management
Share

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?